Trammell Crow Company (TCC) and CBRE Global Investors, on behalf of one of its separate account clients, are pleased to announce that Twelve24 has officially topped out. The 16-story, transit-oriented office tower will be available for tenant occupancy in early 2020. Insight Global, a national staffing and services company, has already leased approximately 70 percent of the building.
“We are incredibly proud of the construction progress that we are making at Twelve24, which is on-track for its scheduled completion in early 2020,” said Brandon Houston, Principal with TCC’s Atlanta Business Unit. “The project will complement the additional development happening in the area, and we expect that its transit-oriented aspect and the retail offerings will help attract a variety of businesses looking to create efficient office spaces for their employees.”
Twelve24 will feature 335,000 square feet of Class A office space along with 11,000 square feet of ground-floor retail space. The building will have 30,000-square-foot open-plan floorplates with 10-foot floor-to-ceiling glass windows and extensive outdoor terraces within tenant spaces and the building’s common areas. Tenants at Twelve24 and their guests will have access to best-in-class amenities including a conference center, an executive-level fitness center and a state-of-the-art fifth floor tenant lounge and amenity deck, complete with an outdoor yoga area, that is directly connected to a new Hyatt Place hotel. The amenity deck space also includes an outdoor conference center designed for teams to collaborate or host an unconventional meeting.
The building sits on a 3.94-acre site in the heart of Atlanta’s Central Perimeter and is directly connected to the Dunwoody MARTA Station. Twelve24 will be the only multi-tenant office building with direct access to this station through an elevated skybridge. The property is adjacent to the Perimeter Mall and is minutes from GA-400 and I-285 via multiple routes, allowing easy access to numerous Atlanta communities.
Twelve24 is LEED® Pre-certified. Additionally, TCC is working with Concord Hospitality Enterprises to develop the nine-story, 177-room Hyatt Place hotel directly connected to Twelve24. Hotel guests and Twelve24 tenants will share the elevated outdoor terrace level between the two buildings. The hotel is expected to open in mid-2020.
Duda Paine Architects is the project’s design architect and Wakefield Beasley & Associates is the architect of record. Brasfield & Gorrie is the project general contractor. Eric Ross of CBRE is handling the office leasing and marketing and Amy Fingerhut, also of CBRE, is handling the retail leasing and marketing.
For more information, please visit https://1224hammond.com.
About Trammell Crow Company
Trammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired 2,700 buildings valued at nearly $65 billion and over 590 million square feet. As of September 30, 2019, TCC had $10.9 billion of projects in process and $3.5 billion in its pipeline. It employs more than 550 professionals in the United States and the United Kingdom.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 18 major cities throughout the United States and London. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street Residential, and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet the needs of its clients. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development and providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2018 revenue). For more information visit www.TrammellCrow.com.
